Crypto Payment Solution Company to Unveil its Payouts Product
San Francisco, CA, May 1st, 2023 – RocketFuel, Inc. (OTCQB: RKFL) (“RocketFuel” or the “Company”), a global provider of payment solutions via ACH bank transfers, Bitcoin and other cryptocurrencies, announced its presentation at the upcoming Fintech Americas conference in Miami, one of the most esteemed events for Latin America’s finance industry.
RocketFuel’s will take center stage to talk about its innovative payment solutions, which includes pay-ins, payouts, B2B cross border payments, invoicing and its rewards program. It will also share the company’s ongoing and strong collaborations with Payment Solution Providers (PSPs) and merchants in expanding into countries such as Mexico, Argentina, Brazil and El Salvador.
RocketFuel will be showcasing its payouts product, a solution that helps businesses make payouts to freelancers, vendors, creators and employees in crypto. RocketFuel’s solution fits seamlessly with merchants’ existing integration and is a natural extension to Rocketfuel e-commerce, which allows merchants to receive payments in crypto and bank transfer. (Pay in vs. Payout).
“In a region where millions of people are unbanked, RocketFuel leverages the power of Bitcoin and other cryptocurrencies to allow them to transact electronically seamlessly, said Peter Jensen, RocketFuel CEO. “RocketFuel promotes financial inclusion in Latin American by empowering and educating merchants to offer crypto payment options.”
According to the World Bank, about 100 million people, or 63% f the Mexican population, lack a bank account, while Latin American Reports estimates that seven in ten people living in the region are unbanked.
About RocketFuel, Inc.
RocketFuel is a global payments solution company that provides online shoppers with a simple, easy-to-use, one-click checkout process that accepts payments with bank transfers, Bitcoin and 160+ cryptocurrencies. RocketFuel delivers a highly secure and efficient shopping cart experience with significantly low fees for merchants, along with the benefits of no chargebacks and no card declines. RocketFuel also offers payouts, B2B cross-border crypto payment solutions, invoicing and a crypto payments service, and is developing a point-based loyalty program. More information about RocketFuel is available at: www.rocketfuel.inc
Forward-Looking Statements Disclaimer:
The Company believes that this press release contains forward-looking statements as that term is defined in the Private Securities Litigation Reform Act of 1995. Terms such as “may,” “might,” “would,” “should,” “could,” “project,” “estimate,” “pro-forma,” “predict,” “potential,” “strategy,” “anticipate,” “attempt,” “develop,” “plan,” “help,” “believe,” “continue,” “intend,” “expect,” “future,” and terms of similar import (including the negative of any of these terms) may identify forward-looking statements. Such forward-looking statements, including but not limited to statements regarding the plans and objectives of management for future operations, are based on management’s current expectations and are subject to risks and uncertainties that could cause results to differ materially from the forward-looking statements. Actual results and the timing of certain events and circumstances may differ materially from those described by the forward-looking statements as a result of these risks and uncertainties. Factors that may influence or contribute to the accuracy of the forward-looking statements or cause actual results to differ materially from expected or desired results may include, without limitation, market acceptance of the company’s products and services; competition from existing products or new products that may emerge; the implementation of the company’s business model and strategic plans for its business and our products; estimates of the company’s future revenue, expenses, capital requirements and need for financing; current and future government regulations; and developments relating to the company’s competitors. Readers are cautioned not to place undue reliance on forward-looking statements because of the risks and uncertainties related to them. For further information on such risks and uncertainties, you are encouraged to review the Company’s filings with the Securities and Exchange Commission (“SEC”), including its Annual Report on Form 10-K for the fiscal year ended March 31, 2022 and its Quarterly Reports on Form 10-Q for the fiscal periods ended June 30, 2022 and September 20, 2022. The Company assumes no obligation to update any forward-looking statements as a result of new information or future events or developments, except as required by law.
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